Watchdog Warns of Gold Scams

Even with gold futures retreating sharply Wednesday, surging gold demand is spawning a new breed of scams that lure investors with dubious claims about mining companies' reserves, the Financial Industry Regulatory Authority warned.

A rash of blogs, websites, YouTube videos and Twitter posts are pushing gold-related investment opportunities that could prove fraudulent, Finra said in a new report. Scammers are also using free lunch...